Piscator,
I like your thoughts and appreciate your discussion. If we don't have these tough talks we will never find the answer. I was wrong. It is Corporation, not Bureau as I previosuly mentioned (
Pension Benefit Guaranty Corporation (PBGC)). Very interesting reading on their site. The beneficiaries rarely get much of their benefits back as a per dollar ratio but at least they get something. I'm afraid that is where a lot of these benefit funds will be if we don't so something.